An insurance policy is a legal contract between the insured and the insurance provider. Your insurance company is bound to pay you a fair settlement if you suffer some sort of injury or accident that your policy covers. Unfortunately, it is in the insurance company’s best interest not to pay you, and insurance companies wrongfully deny or delay thousands of valid insurance claims every year.
Laws Relating to the Insurance Contract
Contract law governs most of the proceedings in an insurance dispute case. If you suffer some sort of damages that your policy covers, your insurance company should offer you fair compensation in a timely manner. Your insurance company may not “low-ball” your settlement offer, nor may it delay payment for an inordinate amount of time.
Insurance companies will often offer their clients what we call a “take it or leave it” settlement, implying that they cannot reconsider your claim. This is misleading.
The only reason the insurance company will not reconsider your claim is simply because it does not want to. Additionally, in many states, there are laws that try to prevent overly vague insurance policies. These laws state that if the insurance company wrote its own policy and the language was vague, then the courts will interpret the contract in favor of the insured.
Insurance Disputes and Denials
Every year, insurance companies across the nation unfairly delay or completely deny valid insurance claims. This is particularly common with homeowners insurance or medical insurance, but it can happen with any insurance claim, including:
- Life insurance
- Disability insurance
- Workers’ compensation
- Auto insurance
Insurance policies are long, complex documents. Many times it is hard to tell when coverage applies and when it does not. When insurance companies deny a claim that a claimant’s policy covers, they could be acting in bad faith, and the claimant can take legal action against them.
Bad Faith Insurance Claims
If your insurance company unfairly denied your claim or only paid you some of the benefits you deserve, you may be dealing with an insurance company that is working in bad faith with its clients. Every year, insurance companies defraud honest insurance consumers out of millions of dollars in legitimate claim money as a matter of company policy. In short, it is consumer fraud, and we want to put a stop to it.
Insurance laws differ in every state, but our attorneys study each state’s laws to provide you with a clear picture of your options for seeking justice.
Examples of Bad Faith Insurance Company Fraud:
- Denied homeowners insurance
- Denied auto insurance policy
- Partial claim denial
- Insurance cancellation
- Denied maximum policy coverage
- Denied medical insurance
- Excessive insurance premium increase
- Class action lawsuit against insurance company
- Life insurance claims
Fighting your insurance company can be overwhelming and difficult. However, if your insurance company has unfairly denied your claim, it may have denied many other claims as well. By joining your allegations to a comprehensive class action lawsuit, you stand a much better chance of receiving the compensation you deserve.
Denial of Life Insurance Claims
When loved ones die from serious injuries sustained in an accident, families often face the loss of their primary breadwinner. Dealing with complicated insurance documents and unresponsive insurance companies are additional difficulties no family should have to bear.
Insurance Claim Denials and Refusal to Pay Claim
Insurance companies use many excuses to deny your valid claim. Some of the most common include:
- Lack of coverage: Your claim doesn’t cover the damages you are seeking
- Filing error: Claim was filed incorrectly
- Incorrect modification: Details of your policy were modified after you filed a claim, so policy won’t cover damages.
- Misrepresentation of damages: Accusing you of misrepresenting your damages, a form of insurance fraud
In addition, insurance companies deny some claims because the insurance company made a mistake while investigating your claim or filing your paperwork. It is important that you investigate any insurance claim denial, even if you do not believe that the insurance company was acting in bad faith. Your insurance company might have simply committed an error. We help handle denied claims on life insurance related to:
- Bad faith insurance claims
- Mistakes on applications
- Letters of denial
- Refusal to pay claims
Our experienced attorneys offer over 30 years of trusted legal representation and hope for our clients who are locked in a battle with their insurance company.